New Generation of Public Blockchain — DFD SYSTEM Will Be Launched to Build DeFi Underlying Infrastructure
The market size and the number of users in DeFi market have been increasing exponentially, increasing the impact of blockchain on traditional financial industries. And people have been paying more attention to the development of blockchain world.
Most of the existing DeFi apps focus on Ethereum public blockchain, but due to its long-standing performance problems and gas problems, the development of DeFi has been seriously limited, causing many excellent ideas and apps can not be presented to users. Recently, the emergence of a public blockchain — Decentralized Financial Data System, aiming at building DeFi underlying infrastructure, has brought new surprises to the blockchain world.
DFD SYSTEM, short for Decentralized Financial Data System, has the characteristics of high performance, low gas, high expansibility, supporting cross-chain interworking, etc., which breaks “The Impossible Trinity” of “decentralization, high efficiency and security” of the blockchain, so that the expansion of the application boundary of DeFi will be no longer limited by the poor performance of the existing public blockchain.
DFD SYSTEM, in order to achieve its goal, has greatly improved the existing DPoS consensus mechanism, and the initial realization of 4000 TPS can be made by its pioneered B-DPoS consensus mechanism under the premise of ensuring decentralization and security, which can support the smooth operation of existing DeFi apps and medium-scale commercial apps, and on this basis, the application of cross-chain technology and slicing technology will also be used to achieve tens of millions of levels of TPS, enough to support large-scale commercial-level apps.
DFD SYSTEM will open the blockchain 4.0 era by relying on technical advantages, with higher scalability than blockchain 1.0 represented by Bitcoin; with higher performance and mature cross-chain technology compared to blockchain 2.0 represented by Ethereum; and with more decentralization than blockchain 3.0 represented by EOS and TRON.
DFD SYSTEM’s advantages, in addition to technological innovation, more lies in the construction of its application ecology which covers many applications, such as DFD Lend, DFD Dex, DFD Margin, stablecoin, anonymous social contact, decentralization game, chain merchant, etc. Thanks to performance support, these applications will bring users with more perfect user experience.
Meanwhile, DFD SYSTEM will create a developer ecology, absorbing global blockchain developers, creating more excellent apps, and helping the ecology to achieve unlimited expansion. DFD SYSTEM plans to host a worldwide developer contest every 1–2 years, offering a million-dollar prize for each developer contest. It will be hosted in one of the following places: Europe, North America, Hong Kong and Tokyo, allowing developers around the world to experience DFD SYSTEM technological charm.
DFD SYSTEM mining model is also significantly more innovative than previous blockchain projects, with a total of 84 million original token DFD, which will be rewarded by blocks, with block awards of 3 DFD for 3-second block speed (50% reduction per passing 2,592,000 blocks). All block awards will be distributed according to the percentage of the miners’ computing power, lowering mining threshold and preventing the monopoly of computing power, so all global miners can participate in DFD mining at low cost.
Now, DFD SYSTEM is being in the start-up phase, and official website is about to open the first batch of mining rigs requisition. Welcome to stay tuned.
DFD SYSTEM official website: www.dfdtw.com